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Short Sale Listings in Hackensack, NJ

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Hackensack, NJ Foreclosures

How much do homes sell for in Hackensack, NJ?
The average home price is currently $533,866.
In Hackensack, NJ, how many homes are available?
There are currently 44 active home listings available in Hackensack.
What’s the average rental cost in Hackensack, NJ?
The average rental price in Hackensack is $2,001.
What is the most expensive home in Hackensack?
The most expensive home sold in Hackensack had a price of $32,615,688.
What is currently the cheapest priced home in Hackensack, NJ?
The cheapest home for sale in Hackensack is priced at $11,393.

Living in Hackensack, NJ

Hackensack, New Jersey, is a bustling city known for its rich history and diverse community. With varied housing options, excellent schools, and proximity to New York City, it offers a lively urban lifestyle. The city's parks and recreational amenities provide residents with abundant opportunities for outdoor activities.

Current Market Conditions in Hackensack, NJ

The Hackensack real estate market is currently favoring sellers with a high demand for homes leading to increased prices and quicker sales. The ongoing development and investment in the area have further fueled interest in owning property here, leading to a competitive environment for buyers looking for homes in desirable neighborhoods.

Recent trends show that homes closer to downtown Hackensack or public transport lines have seen the largest appreciation in value, as buyers prioritize accessibility and convenience. Similarly, new constructions and renovated spaces are drawing attention, appealing to those wanting modern amenities.

As the city continues to grow with investments in infrastructure and amenities, we expect the demand for residential properties to remain strong. Home buyers are particularly drawn to Hackensack for its affordability compared to nearby areas in Bergen County and NYC.

Home Value Estimator For Hackensack, NJ

There are currently 8,896 real estate properties in Hackensack, NJ, with a median automated valuation model (AVM) price of $485,628.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hackensack, NJ, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Hackensack, NJ, is $533,866.00, with the most expensive house in Hackensack, NJ, topping out at $32,615,688.00 and the cheapest home in Hackensack, NJ, clocking in at $11,393.00. In other words, there’s something for every potential homebuyer or savvy investor in Hackensack, NJ!

Rent Prices In Hackensack, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hackensack, NJ, is on a rollercoaster ride. The average rent price in Hackensack, NJ, is $2,001.00. Indeed, when looking to rent in Hackensack, NJ, you can expect to pay as little as $1,390.00 or as much as $5,000.00, with the average rent median estimated to be $1,920.00. The good news is that finding an affordable and desirable property to rent in Hackensack, NJ -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Hackensack, NJ Short Sale Listings

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